European Central Bank cuts rates to new low – USA Today – USA TODAY
 Economic Times |
European Central Bank cuts rates to new low – USA Today
USA TODAY The European Central Bank has slashed its benchmark interest rate by 25 basis points to an all-time low of 0.5% Thursday. The rate cut was expected but boosted the euro currency against the U.S. dollar. In recent trades, the euro bought $ 1.32. The Stoxxx … ECB cuts main refinancing rate to 0.5% ECB Cuts Main Rate ECB Cuts Interest Rates to Record Low as Recession Lingers |
